Displaying 5895 results
Defying Gravity, Encore Edition - Western Midstream Presses Permian Advantage to Offset Legacy Basin Declines
We’ve written a lot lately about how U.S. E&Ps, whipsawed over the last decade by extreme price volatility and negative investor sentiment, have adopted a new fiscal discipline that de-emphasizes production growth and prioritizes generation of free cash …
Limbo Rock - Supreme Court Ruling Introduces New Regulatory Uncertainty to the Energy Sector
In its landmark West Virginia v. EPA decision, the Supreme Court on Thursday scaled back the powers of the Environmental Protection Agency — and, it would seem, other federal administrative agencies — to implement regulations that extend beyond what …
East Bound and Down - Western Canada Gas Storage Faces Very Low Starting Point for Next Winter
Canadian gas storage levels concluded the most recent heating season at multi-year lows, especially in the western half of the nation, which hit a 16-year low at the end of March. Though storage sites have been refilling at a steady rate so far this …
Rollin' on the River - E&Ps Ride Strong Commodity Price Wave to Record Income and Cash Flow
The oil and gas industry has historically been roiled by global economic and political crises, from the oil embargo in 1973 to the Great Recession of 2008 to the onset of the global pandemic in early 2020. However, amid the economic and political turmoil …
Move It on Over - Replumbing U.S. Refined Products Pipeline Networks
Refinery closures. Shifting demand for gasoline, diesel and jet fuel. Yawning price differentials for refined products in neighboring regions. These and other factors have spurred an ongoing reworking of the extensive U.S. products pipeline network, which …
Diversified E&Ps' Q1 2022 Results
(Note: Each column is sortable by clicking once or twice on the column title. For example, clicking on "Revenue" will rank the companies either low-to-high or high-to-low.) 1st Quarter 2022 ($in Millions) Company Ticker Revenue Lifting Costs Production …
Oil-Weighted E&Ps' Q1 2022 Results
(Note: Each column is sortable by clicking once or twice on the column title. For example, clicking on "Revenue" will rank the companies either low-to-high or high-to-low.) 1st Quarter 2022 ($in Millions) Company Ticker Revenue Lifting Costs Production …
Gas-Weighted E&Ps' Q1 2022 Results
(Note: Each column is sortable by clicking once or twice on the column title. For example, clicking on "Revenue" will rank the companies either low-to-high or high-to-low.) 1st Quarter 2022 ($in Millions) Company Ticker Revenue Lifting Costs Production …
Already Gone - U.S. Refinery Shutdowns a Major Contributor to Refined Products Squeeze and High Prices
As the price of gasoline continues its seemingly never-ending upward path in the U.S. (not withstanding a bit of a pause in the past week), the cause (or blame, if you prefer) continues to shift. Of course, the Biden administration has heavily promoted …
Cover Me - Debate Over Methane Emissions Starts With Determining Size of the Problem
It’s well understood that methane is a significant greenhouse gas and that reducing methane emissions from oil and gas production is critical to hitting long-term emissions targets, but that’s about where most of the common ground ends. There are serious …
Man in the Box - Energy Executives Consider Biden's Calls for Increased Supplies and Lower Prices
In film and television, the “boxed crook” trope is where a condemned person is sought as a last-ditch effort to pull off some impossible mission or overcome a formidable opponent. In return, the convict is typically offered amnesty or other consideration …
Gulf Coast Highway - Greater Houston's Vision for a Texas-Louisiana Hydrogen Hub
One of the biggest, most important steps in the U.S.’s ongoing energy transition will be the selection and build-out of at least four new clean hydrogen hubs –– development supported to a significant degree by an $8 billion commitment in last year’s …
Meet in the Middle? - Can the Biden Administration, E&Ps and Refiners See Eye to Eye on Anything?
In the next few days, U.S. Energy Secretary Jennifer Granholm will hold an emergency meeting with leading energy executives to discuss steps E&Ps and refiners could take to increase crude oil production, refinery capacity and the production of gasoline, …
Point of Know Return - The Fundamentals Driving the Energy Transition
If you want to get the energy world’s full attention, give it a global pandemic, a rush to decarbonize, and a brutal land war in Europe — all in quick succession. Bam! Bam! Bam! The past two-plus years have shaken the global oil, natural gas and NGL …
Misunderstanding?, Part 2 - RINs as a Tax and a Subsidy
For several years now, no single topic has caused more angst in refiners’ quarterly earnings calls than the seemingly arcane topic of renewable identification numbers, or RINs, which can have a big impact on a refiner’s financial performance. RINs are a …
Shut Down, Part 2 - Global Market Impacts of the Freeport LNG Outage
Freeport LNG is expected to be offline for an extended period following last week’s explosion and fire at the export terminal, leaving the global gas market even more undersupplied than it already was. The outage cuts U.S. export capacity by about 2 Bcf/d …
Turn the Page - Producer Restraint, Tighter Balances Disrupt Appalachian Gas Market Trends
Before the bullish winter of 2021-22, it appeared the Northeast natural gas market was headed for familiar territory: worsening seasonal takeaway constraints and deeper, constraint-driven price discounts starting as early as this spring. Instead, the …
Lublin on the Edge - An Effort to Help Wean Ukraine, Poland and Lithuania from Russian Gas
The Russian war against Ukraine has focused Europe on the issue of energy security, especially as it relates to natural gas. The continent has previously relied on Russia for more than 40% of its gas, but it now must scramble for new suppliers and …
Shut Down - Gas Flow, Price Impacts of the Freeport LNG Outage
An explosion June 8 at Freeport LNG, the 15.3 MMtpa (2 Bcf/d) export terminal on Quintana Island, TX, has knocked it offline at a time when the global market is already facing tight conditions because of the war in Ukraine and other factors. The …
Into the Woods - Yosemite Clean Energy's 'Stump to Pump' Plans Rest on Local Partnerships
California faces a broad set of challenges when it comes to reducing wildfires, which have been increasingly frequent and intense over the last decade — impacting the lives of those dealing with the threat, not to mention effects on the economy and …